10x Genomics (TXG) director receives 8,829 RSU grant, lifts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kosaraju Sridhar reported acquisition or exercise transactions in this Form 4 filing.
10x Genomics director Sridhar Kosaraju reported a stock-based compensation award. He received a grant of 8,829 shares of Class A Common Stock as restricted stock units (RSUs) at no cash cost. After this grant, he holds 65,278 shares directly.
The RSUs vest in four equal installments on each quarterly anniversary starting on May 21, 2026, as long as he continues as a service provider through each vesting date. The filing also shows 3,000 Class A shares held indirectly through the Kosaraju Family Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kosaraju Sridhar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,829 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 65,278 shares (Direct, null);
Class A Common Stock — 3,000 shares (Indirect, See footnote)
Footnotes (1)
- Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting. 1/4th of the RSUs shall vest on each quarterly anniversary measured from May 21, 2026, subject to the Reporting Person continuing as a service provider through each such date. These shares are held by the Kosaraju Family Trust dated June 21, 2014, of which the Reporting Person is trustee.
Key Figures
RSU grant size: 8,829 RSUs
Grant price: $0.0000 per share
Direct holdings after grant: 65,278 shares
+3 more
6 metrics
RSU grant size
8,829 RSUs
Grant of Class A Common Stock RSUs to director
Grant price
$0.0000 per share
Reported price per share for RSU grant
Direct holdings after grant
65,278 shares
Class A Common Stock held directly after transaction
Indirect holdings
3,000 shares
Class A Common Stock held via Kosaraju Family Trust
Vesting start date
May 21, 2026
Quarterly vesting anniversaries measured from this date
Vesting structure
1/4 each quarter
RSUs vest in four equal quarterly installments
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, quarterly anniversary, service provider, +1 more
5 terms
restricted stock units ("RSUs") financial
"Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
quarterly anniversary financial
"1/4th of the RSUs shall vest on each quarterly anniversary measured from May 21, 2026"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date"
Family Trust financial
"These shares are held by the Kosaraju Family Trust dated June 21, 2014"
FAQ
What did 10x Genomics (TXG) director Sridhar Kosaraju report in this Form 4?
He reported receiving 8,829 restricted stock units of Class A Common Stock as a stock-based compensation grant. These RSUs convert into shares over time, increasing his direct holdings to 65,278 shares plus 3,000 shares held indirectly through a family trust.
What is the vesting schedule for Sridhar Kosaraju’s 10x Genomics (TXG) RSUs?
The 8,829 RSUs vest in four equal parts, with one-quarter vesting on each quarterly anniversary starting from May 21, 2026. Vesting is contingent on him continuing as a service provider to 10x Genomics on each applicable vesting date.
Are Sridhar Kosaraju’s new 10x Genomics (TXG) RSUs an open-market purchase?
No, the filing shows a grant coded as an award acquisition with a price of $0.0000 per share. This indicates stock-based compensation rather than an open-market purchase, which would typically involve a transaction price and a purchase code.